Insightful News


We are an addiction for those who love reading.


Insightful News

EFCC arraigns ex-banker over alleged N8.7 million fraud


File Photo

The Economic and Financial Crimes Commission (EFCC) on Monday arraigned a former banker, Ali Kareem, before a Federal High Court in Lagos for alleged impersonation and N8.7 million fraud.

Kareem, who was once docked before Justice Chuka Obiozor on 3 rely price of conspiracy, impersonation and fraud, was once ordered to be stored in jail via the pass judgement on till the listening to and backbone of his bail utility.

The EFCC accused the previous banker of committing the offences on May 2, 2008, in conspiracy with different individuals nonetheless at massive.

The fee alleged within the price that, “Kareem fraudulently impersonated a Bank customer, Mr. Alexander Cherembem, to fraudulently facilitate withdrawal of N8 .7 m from his account through the Mobile app.”

The anti-graft company additional claimed that the accused particular person processed the withdrawal request with out acquiring the correct identification of the buyer.

The EFCC maintained that the alleged offences are opposite to sections 22, 22 (2) and 37 of the Cyber Crimes Prohibition Act, 2015.

Kareem pleaded no longer accountable to the price.

The defence attorney, Olatimihan Ogunbiyi, prayed for a brief adjournment to permit him document his shopper’s bail utility.

The request was once no longer adverse to via the Prosecutor, George Chia-Yakua.

Based at the construction, Justice Obiozor adjourned the case till November five for listening to of the bail utility, and in addition remanded Kareem in jail pending consequence.





Source hyperlink

Leave a Reply

Your email address will not be published. Required fields are marked *